Massachusetts Salesperson Exam
Questions And Verified Answers
\.Breach and Abandonment provision in a Massachusetts lease - Answer-outlines what
happens if a tenant fails to pay the rent on time, and states that the landlord has the
right to begin a statutory eviction proceeding if the rent goes unpaid
\.Cam is a broker in Plymouth. His licensees Jane and John represent two sides in a
single transaction. Jane represents the seller; John represents the buyer. What
relationship does Cam have to the buyer and the seller? - Answer-Cam is a dual agent
to both the buyer and seller.
In a designated agency situation, the broker is a dual agent and each assigned agent is
a designated agent
\.How are documents, such as mortgages, liens, and easements, held for registered
land? - Answer-Unlike legal documents for an unregistered land transaction, the
documents supporting a registered land transaction are filed with the Massachusetts
Land Court.
\.In 2019, Massachusetts enacted a new law to regulate and insure residential short-
term rentals used for tourist or transient use. Under this law, people who rent out their
rooms must obtain a minimum of ______ in liability insurance. - Answer-people with
residential rental properties are required to obtain a minimum of $1 million in liability
insurance. Properties rented for fewer than 14 days in a calendar year are NOT exempt
from this insurance requirement.
\.Licensees who charge fees for rental services must - Answer-disclose in writing their
fees and any related details to prospective tenants
\.Minimum amount for breaking MA Antitrust Laws - Answer-2X the monetary damages
\.Minimum required notice for eviction die to unpaid rent - Answer-minimum required
notice of one rental period of 30 days and maximum of three months, unless otherwise
agreed to in writing
\.Net Listing Definition - Answer-involves a commission of an undetermined amount that
allows the agent to keep any amount more than what the seller must net at the end of
the sale
Questions And Verified Answers
\.Breach and Abandonment provision in a Massachusetts lease - Answer-outlines what
happens if a tenant fails to pay the rent on time, and states that the landlord has the
right to begin a statutory eviction proceeding if the rent goes unpaid
\.Cam is a broker in Plymouth. His licensees Jane and John represent two sides in a
single transaction. Jane represents the seller; John represents the buyer. What
relationship does Cam have to the buyer and the seller? - Answer-Cam is a dual agent
to both the buyer and seller.
In a designated agency situation, the broker is a dual agent and each assigned agent is
a designated agent
\.How are documents, such as mortgages, liens, and easements, held for registered
land? - Answer-Unlike legal documents for an unregistered land transaction, the
documents supporting a registered land transaction are filed with the Massachusetts
Land Court.
\.In 2019, Massachusetts enacted a new law to regulate and insure residential short-
term rentals used for tourist or transient use. Under this law, people who rent out their
rooms must obtain a minimum of ______ in liability insurance. - Answer-people with
residential rental properties are required to obtain a minimum of $1 million in liability
insurance. Properties rented for fewer than 14 days in a calendar year are NOT exempt
from this insurance requirement.
\.Licensees who charge fees for rental services must - Answer-disclose in writing their
fees and any related details to prospective tenants
\.Minimum amount for breaking MA Antitrust Laws - Answer-2X the monetary damages
\.Minimum required notice for eviction die to unpaid rent - Answer-minimum required
notice of one rental period of 30 days and maximum of three months, unless otherwise
agreed to in writing
\.Net Listing Definition - Answer-involves a commission of an undetermined amount that
allows the agent to keep any amount more than what the seller must net at the end of
the sale
